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Diversified Miners News

New approach to outsourcing

By: Melissa Zisengwe     27th April 2018 With local and global mining companies operating under continuous pressure to consistently deliver on operational targets, save costs and sustain profitability amid an age of smart business and regulatory uncertainty, local technical services provider Ukwazi is offering a turnkey outsourced... 

New JV to lead to structured services solutions

By: Jessica Oosthuizen     27th April 2018 The joint venture (JV) between Stefanutti Stocks Mechanical – part of construction group Stefanutti Stocks – and Australian industrial services operation the Dawsons Group of Companies is “ground-breaking and a first for the pan-African mining sector”, says Stefanutti Stocks Mechanical MD Marius... 

New JV to lead to structured services solutions
MARIUS BOTES This dynamic joint venture will be a game-changer for the future of mining in Africa

Stagnant mining industry detrimental to consulting engineers

By: Jessica Oosthuizen     27th April 2018 The local mining industry is “almost dormant” and it is having a knock-on effect on consulting engineers, leaving them with little in the way of projects, says industry body Consulting Engineers South Africa (Cesa) CEO Chris Campbell. Many consulting engineers servicing the mining industry are... 

Stagnant mining  industry detrimental  to consulting engineers
CHRIS CAMPBELL The current state of the industry has mostly been brought on by the debacle surrounding the Mining Charter

Uncertainty remains in mining industry, technology transformation arising

By: Jessica Oosthuizen     27th April 2018 Recent changes in political leadership suggest that the South African mining industry may be moving towards a clearer operating framework but much uncertainty remains, says consulting engineering and science company SRK Consulting partner and principal consultant Andrew van Zyl. “This uncertainty... 

Uncertainty remains in mining industry, technology transformation arising
INNOVATION IMPERATIVE Innovative thinking must be embedded into all specialist disciplines of consulting engineering so that the full benefit of modern invention can be applied

‘Toolbox’ helps Harmony Gold improve environmental management

By: Mia Breytenbach     27th April 2018 JSE-listed Harmony Gold Mining (Harmony) has improved its environmental management through the implementation of a system that centralises the company’s environmental data. The system, named Management Toolbox (MTB), facilitates the capturing of environmental data, the storing of related source... 

Mandela Mining Precinct to produce next gen mining equipment

By: Nadine James     27th April 2018 The Mandela Mining Precinct’s primary objective is to drive research, development and innovation and the investment therein, and it is extremely important, in terms of the local industry’s sustainability, that the next generation of mining equipment is developed by indigenous South African... 

Mandela Mining Precinct to produce next gen mining equipment
Photo by Dylan Slater
BRAINSTORMING The Mandela Mining Precinct’s research and development workstreams are tackling challenges pertaining to dilution, narrow seams, and hard rock mining

Mandela Mining Precinct seeks to safeguard jobs, says Chamber of Mines

By: Nadine James     27th April 2018 The Chamber of Mines (CoM) is excited about the launch of the Mandela Mining Precinct, which seeks to preserve jobs while creating new skilled positions through its support, research, industrial and sustainable development initiatives for the local mining sector, says CoM senior executive:... 

Mandela Mining Precinct seeks to safeguard jobs, says Chamber of Mines
SIETSE VAN DER WOUDE Industry has to address needs pertaining to the skills, health, safety and personal fulfilment of workers, while ensuring that mining operations become more efficient, and profitable

2015 Mining Phakisa birthed Mandela Mining Precinct

By: Nadine James     27th April 2018 The Mandela Mining Precinct, as one of the key initiatives that resulted from the 2015 Mining Phakisa, is important in terms of developing new mining technologies that support the sustainability, efficiency, and longevity of the South African mining industry while simultaneously catalysing... 

2015 Mining Phakisa birthed Mandela  Mining Precinct
JEFF RADEBE AND RUDI DICKS The Mining Phakisa was a government initiative led by the Presidency aimed at developing a shared vision and growth strategy for the long-term development and transformation of the mining sector

Manufacturing capability to underpin SA’s reindustrialisation 

By: Nadine James     27th April 2018 Mining capital goods industrial cluster, the Mining Equipment Manufacturers of South Africa (MEMSA), funded by its members and the Department of Trade and Industry (the DTI), aims to harness the collective capability of South African capital equipment manufacturers for the development of a world... 

Manufacturing capability to underpin SA’s reindustrialisation
MEMSA chairperson Freddy Mugeri discusses the activities and objectives of both MEMSA and the Mandela Mining Precinct. Camerawork and Editing: Nicholas Boyd.

Aluminium bears on treacherous ground as supply shocks continue

By: Bloomberg     26th April 2018 One of the few hedge funds to survive the downswing in the commodity supercycle has a lesson for traders trying to navigate whipsawing aluminium prices: go short at your peril. While supply fears faded this week after the US eased sanctions against United Co Rusal, traders should be alert to the... 

Online submission streamlines application procedure for water licences

By: Nadine James     26th April 2018 The process for water use licence applications (WULAs) is improving as a result of an online system being put in place by the Department of Water and Sanitation (DWS), according to SRK Consulting principal environmental scientist Jacky Burke. Burke, the leader of SRK’s WULA Group, hosted a... 

Drones being used to map underground areas, saving time and improving safety

By: Nadine James     26th April 2018 It is inevitable that advancement in robotics, the Internet of Things and Artificial Intelligence, would impact on the mining survey industry, says surveyor Johan Weakley. He explains that, through the collaboration of Canadian geotechnical solutions provider Clickmox Solutions and Swedish drone... 

Drones being used to map underground areas, saving time  and improving safety
TILT RANGER The underground mobile scanning system is the first of its kind available in Africa, and is distributed through Mining Technology Suppliers

N American oil & gas, mining sectors released a third of total 2013 pollution – report

By: Henry Lazenby     25th April 2018 A new report that fine-combed the national pollutant release and transfer registers (PRTRs) of Canada, the US and Mexico to explore pollutant data reported by industrial facilities, has pointed to the critical need to standardise the way information is collected across the three jurisdictions,... 

N American oil & gas, mining sectors released a third of total 2013 pollution – report

Exxaro seeks shareholder approval for Tronox stake sale

By: Marleny Arnoldi     25th April 2018 Diversified miner Exxaro Resources is seeking shareholder approval to monetise its remaining stake in US mineral sands company Tronox.  

Exxaro to fund R100m road upgrade in Limpopo

By: Marleny Arnoldi     25th April 2018 Diversified miner Exxaro Resources and provincial roads agency Roads Agency Limpopo (RAL) on Wednesday signed a memorandum of agreement for the R100-million upgrade of a road in Lephalale. The project, to be implemented jointly, is for the upgrade from gravel to tar of road D2001, which stretches... 

Exxaro to fund R100m road upgrade in Limpopo

Unpacking this week's headlines 

25th April 2018 South Africa needs research to improve its mining competitiveness, the industry needs to recover faster and investigations needed in Modikwa bus killings. Mining Weekly editor Martin Creamer unpacks the headlines.   

Unpacking this week's headlines
Unpacking this week's headlines

Teck profit rises on strong copper, zinc price and volume gains

By: Henry Lazenby     24th April 2018 Higher copper and zinc prices and improved copper sales volumes that were driven by higher output, have contributed to lift Canada’s largest diversified miner’s first-quarter profit by 15%, the company announced on Tuesday. Adjusted profit attributable to shareholders, which typically excludes... 

Caterpillar ups profit outlook on doubling Q1 headline profit, record earnings

By: Henry Lazenby     24th April 2018 Global mining and construction equipment manufacturer Caterpillar has reported record first-quarter profit as strength in many of its end-markets and a strong emphasis on cost control boosted margins. The Deerfield, Illinois-based company reported adjusted profit of $2.82 a share – up 120%... 

Caterpillar ups profit outlook on doubling Q1 headline profit, record earnings

Anglo reports 4% increase in Q1 production

By: Anine Kilian     24th April 2018 Diversified miner Anglo American on Tuesday reported a 4% year-on-year increase in total production on a copper equivalent basis in the first quarter ended March. The company had a “solid start to 2018”, despite the suspension of operations at the Minas-Rio mine, in Brazil, CEO Mark Cutifani said. 

Anglo reports 4% increase in Q1 production
Photo by Creamer Media
Anglo American CEO Mark Cutifani

Moody's changes outlook on Glencore's ratings to positive from stable

By: Nadine James     24th April 2018 Moody's Investors Service has assigned Glencore a ‘Baa2’ long-term issuer rating with a positive outlook. Moody’s says Glencore's improved credit profile was driven by higher commodity prices and consistently low production costs.  

Stocks fall as US yields rise, commodities tumble

By: Reuters     23rd April 2018 A gauge of global equity markets declined on Monday as US bond yields moved closer to the 3% level that has unsettled investors in recent months, while a fall in commodity prices pressured materials stocks. US bond prices fell, with the ten-year yield hitting its highest in over four years at... 

BHP, Vale given a further 66 days to resolve Samarco dam failure dispute

By: Henry Lazenby     23rd April 2018 A Brazilian federal court has given mining giants BHP and Vale an additional 66 days to resolve a multibillion-dollar settlement regarding their joint venture Samarco mine’s tailings dam failure in 2015, that killed 19 people and is billed as the country’s worst environmental disaster. BHP and... 

Mining firms from China to Canada watch as Greenland holds election

By: Reuters     21st April 2018 With melting ice expanding access to the Arctic, investors from China to Canada are watching Greenland's election next week for signs of the political will to get a flagging mining programme on the island back on track. Greenland is hoping rising commodity prices can help attract foreign... 

Mining firms from China to Canada watch as Greenland holds election

SA to remain among top nickel producers

By: Victor Moolman     20th April 2018 Market research company BMI Research forecasts that South Africa will remain among the top ten nickel producers in the world, with an estimated 49 500 t expected to be produced this year. South Africa has several nickel-producing mines, with one of the largest being the Nkomati mine, in... 

SA to remain among  top nickel producers
Photo by Creamer Media
SOUTH AFRICAN GROWTH New nickel mining projects that are under way will boost South Africa’s nickel production

Positive growth for African copper industry expected

By: Victor Moolman     20th April 2018 Market research firm BMI Research (BMI), a member of the Fitch Group, predicts positive production growth for the copper mining industry and in copper mine project development across Africa in its copper market research report ‘Global Industry Overview’, released last month. BMI commodities... 

Positive growth for African copper industry expected
Photo by Creamer Media
COPPER POTENTIAL The Prieska zinc-copper project in South Africa shows continued growth

Companies reach shaft sinking milestones

20th April 2018 Multinational mining company Turquoise Hill Resources’ Oyu Tolgoi copper/gold mine in Mongolia, has achieved significant underground development milestones with the completed sinking of two shafts this year. The Oyu Tolgoi, one of the world’s largest new copper/gold mines, is located in the South... 

Companies reach shaft sinking milestones
ONGOING DEVELOPMENTS Oyu Tolgoi is one of the world's largest new copper/gold mines and is located in the South Gobi region of Mongolia

Hoisting mechanism offers increased productivity

By: Tasneem Bulbulia     20th April 2018 Engineering, equipment and service solutions supplier FLSmidth has developed an “innovative” skip discharging mechanism for vertical mine shafts – an alternative solution that can increase hoisting capacity and reduce hoisting duty cycles as well as maintenance time and costs, FLSmidth commercial... 

Hoisting mechanism offers increased productivity
NEW SOLUTION FLSmidth’s Crank Dump Type Mechanism is advantageous for mines that seek to increase hoisting capacity

Chemical ore separation market now expanding

20th April 2018 While the company’s historic market for the supply of chemicals to separate orebodies comprises mainly the Central Africa Copperbelt of Zambia and the Democratic Republic of Congo, the market is expanding in terms of geography and mineral range, says mining reagent specialist Axis House MD Trevor... 

Beneficiation in the spotlight this month at Geneva forum

By: Nadine James     20th April 2018 As more than 90 developing economies are dependent on commodity exports, building the skills needed to add value to raw materials and provide decent work are some of key objectives to be discussed next week at the United Nations Conference on Trade and Development’s (Unctad's) eighth Global... 

Mining equipment supplier Weir buys US market leader Esco in $1.3bn tie-up

By: Henry Lazenby     19th April 2018 UK-based mining equipment dealer Weir has signed a binding $1.29-billion accord to buy Portland, Oregon-based Esco – a local market leader in the mining, construction and industrial markets. "We are acquiring a high-quality business at the right time, with the market in the early stages of its... 

Mining equipment supplier Weir buys US market leader Esco in $1.3bn tie-up

South32 hikes manganese guidance, lowers coal forecast

By: Esmarie Swanepoel     19th April 2018 Diversified miner South32 has increased its manganese production guidance from its Australia and South African operations to take advantage of farourable market conditions. The company increased its production guidance at the Australia manganese operations by 6% to 3.30-million tonnes and its... 

South32 hikes manganese guidance, lowers coal forecast
Photo by Bloomberg
South32 CEO Graham Kerr

BHP cuts guidance at Olympic Dam and Pilbara iron-ore ops

By: Esmarie Swanepoel     19th April 2018 Mining giant BHP has reduced its full-year production expectations for its Pilbara iron-ore operations, as well as the Olympic Dam mine, in South Australia. The miner on Thursday reported a 6% drop in iron-ore production during the three months to March, compared with the previous quarter,... 

BHP cuts guidance at Olympic Dam and Pilbara iron-ore ops

Pallinghurst receives A$83m following Jupiter IPO

By: Creamer Media Reporter      18th April 2018 JSE-listed Pallinghurst Resources has received A$83.1-million following the relisting of Jupiter Mines on the ASX on Wednesday. Jupiter in March announced its plans to relist on the ASX through an initial public offering (IPO) to new investors of up to 600-million shares at A$0.40 a share, to... 

BHP to produce nickel sulphate next year, eyeing cobalt on battery boom

By: Reuters     18th April 2018 BHP Billiton is expanding its business as a supplier of battery minerals at its nickel refinery in Western Australia, planning to start producing nickel sulphate next year and looking at cobalt output as well, a company executive said. Cobalt and nickel are both critical ingredients for lithium... 

Rio Tinto lifts iron, bauxite and copper output, warns sanctions could impact aluminium

By: Esmarie Swanepoel     18th April 2018 Diversified giant Rio Tinto has reported production increases at its iron-ore, bauxite and copper divisions, while warning shareholders that US sanctions against Russian companies could impact aluminium production in 2018. “We delivered a solid operational performance across most commodities in... 

Rio Tinto lifts iron, bauxite and copper output, warns sanctions could impact aluminium
Photo by Bloomberg
Rio CEO Jean Sebastian Jacuqes

Vale achieves best-ever quarterly sales in Q1, despite slide in iron output

By: Henry Lazenby     17th April 2018 Brazilian diversified miner Vale has reported its best first-quarter iron-ore sales ever despite production of the iron-making ingredient slipping somewhat during the three-month period. The company reported that output during the quarter ended March 31 slipped 4.9% year-on-year to 81.95-million... 

Vale achieves best-ever quarterly sales in Q1, despite slide in iron output
Photo by Vale
Vale's massive new SD11 mine, in Brazil

Glencore releases all-embracing 117-page sustainability report

By: Martin Creamer     16th April 2018 One of the strategic priorities of diversified mining and marketing company Glencore is to invest in community initiatives that deliver sustainable socioeconomic benefits, the London- and Johannesburg-listed company states in today’s 117-page Sustainability Report 2017, which emphasises the... 

Glencore releases all-embracing 117-page sustainability report
Glencore's Anna Krutikov

Rio Tinto moves to comply with US sanctions, declares force majeure on Rusal contracts

By: Esmarie Swanepoel     16th April 2018 Mining major Rio Tinto will declare a force majeure on certain contracts with the world’s second-largest aluminium producer, United Company Rusal, after the US government imposed sanctions against a number of Russian businessmen and corporations. Rio told shareholders that the company had... 

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